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Legacy energy source. Senator udall of new mexico and i have an amendment that will close a loophole in federal Energy Policy. I want my colleagues to know, and i think they do, of my long support for renewable and alternative sources of energy and so i agree with the aims of the murkowskimachin murkowskiy bill. The amendment that senator udall and i have introduced is the same as the bipartisan bill we introduced last week. The title of that bill is the fair return for public lands act. Mr. Grassley this bill was introduced 100 years to the date of the mineral leasing act of 1920. This amendment would increase the royalty rates on federal lands from 12. 5 to 18. 75 . Everybody here knows that a royalty is what the oil company will pay to a mineral owner. In this case the mineral owner is the american taxpayer, and that royalty is paid for the right to extract oil and natural gas from the lands of the United States. The legislation modernizes the public lands leasing system and it does
Hoping to get a recovery after drop that we had since december. A s flip the board and have look at your individual benchmarks as well. Reported, a bit of a surprise when it comes to recovery broadbased as you can see across the markets there as well. And flip things along change things, have a look at your currency markets there, the second one is perhaps one of the measures, if you will, have u to be able to say we properly priced in risk remium on the iran story and has it been priced out. You see the second dollar, not retracing all the way back. Quick ng dollar and a check of your commodity markets, we checked and rude is off about 2. 50 per barrel, the highs yesterday, the 10yearyearold, nothing 8. 811 . Ng there, thats your market story for now. Stable. Are lets take it to new york with su keenan. Begin with former National Security advisor john to on says he is willing testify if subpoenaed during President Trumps impeachment trial in the u. S. Senate. Drama in the h it complic
To conduct its business i will maintain the core of. That means if there is any disorder or demonstration by a member of the audience that person causing the destruction will be escorted from the room by the capital police. First, i would like to welcome the administrator of the Environmental Protection agency, scott pruitt for your tax money today. With respect to todays hearings we will abide by the committees fiveminute rule for length of member questions in the first round. Time permitting we will also have a twominute second round of questions until 12 30 when administrative pruitt has to leave the building. Of course, members will have the ability to submit written questions to administrator pruitt for the record. Todays hearing is to examine the epas record today after the first year of the administration. The Environmental Protection agency under the leadership of administrator pruitt has been doing the hard work of protecting the air we breathe, the water we drink, and the com